This public procurement record has 1 release in its history.

Summary of the contracting process

Falkirk Council, as the buying organisation, has completed the procurement process titled "Investment Management Consultancy Services". The tender falls under the "General public services" industry category and is focused within the Falkirk Council area, classified under CPV code 66141000. The procurement process, which took place without a prior call for competition, was part of a collaborative mini-competition conducted by Edinburgh City Council under the National LGPS Framework Agreement. The contract was signed on 12th June 2026, and the award process is tagged as complete, with services to be delivered within the region code UKM76.

This procurement potentially opens considerable opportunities for businesses that provide investment management consultancy services. The contract has been awarded to Hymans Robertson LLP, a large-scale provider capable of fulfilling the requirements of the Falkirk Council Pension Fund. Firms familiar with large-scale services and those previously engaged in similar framework agreements would find such contracts particularly beneficial. The call-off term lasts until 31st May 2028, with possible extensions, indicating a stable, long-term engagement that could significantly contribute to business growth for well-suited service providers.

How relevant is this notice?

Notice Title

Investment Management Consultancy Services

Notice Description

Falkirk Council is appointing a contractor to meet its needs as administering authority for the Falkirk Council Pension Fund in relation to Investment Management Consultancy Services.

Lot Information

Lot 1

Falkirk Council is appointing a contractor to meet its needs as administering authority for the Falkirk Council Pension Fund in relation to Investment Management Consultancy Services. Edinburgh City Council conducted a collaborative mini-competition CT1744, which included participation from Fife Council, and Falkirk Council. This award is being made in accordance with the outcome of that mini-competition and is fully compliant with the terms and conditions of the LGPS Framework Agreement NCCT42289 - Investment Management Consultancy Services.

Procurement Information

Edinburgh City Council conducted a collaborative mini-competition CT1744, which included participation from Fife Council, and Falkirk Council. This award is being made in accordance with the outcome of that mini-competition and is fully compliant with the terms and conditions of the National LGPS Framework Agreement NCCT42289 - Investment Management Consultancy Services.

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000834630
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN558055
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
PCS Notice - Website Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66141000 - Pension fund management services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£41,632 Under £100K

Notice Dates

Publication Date
16 Jun 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
12 Jun 20262 weeks ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Not Specified
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
FALKIRK COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LARBERT
Postcode
FK5 4RU
Post Town
Falkirk and Stirling
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM1 East Central Scotland
Small Region (ITL 3)
TLM12 Falkirk
Delivery Location
TLM76 Falkirk

Local Authority
Falkirk
Electoral Ward
Bonnybridge and Larbert
Westminster Constituency
Alloa and Grangemouth

Supplier Information

Number of Suppliers
1
Supplier Name

HYMANS ROBERTSON

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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